MAXFIELD 38

Operated by BASA RESOURCES, INC. (P-5 53974) in the VAN (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3243District 05Field 93042166NGPA filingOilCasinghead gasSaveExport
Value, all time
$917 k
Jan 1993 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 66 leases and 277 wells, and the rule below applies to all of them.

Discovered
1969-11-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
125 ft
minimum
From a lease line
100 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1997-12-05.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/2004.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition21,104 bbl$805,877
Casinghead gasProduction26,318 Mcf$110,774
Total$916,651

4,965 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.5353, -95.6479. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.53508, -95.64796 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
66.7%
2 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
2,919 ft
3 wells filed one
Completion to plug
25.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
133.3%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 2,848 and 2,978 ft, median 2,919 ft, over the 3 wells that filed a depth.

Completions filed
Jun 1988 – Feb 2004
3 of 3 wells
Plug dates filed
Sep 2013
1 of 3 wells; 2 filed none

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4670021332,978 ftFeb 2004
42-46730636122,919 ftOct 2000Yes
42-46730675132,848 ftJun 1988Sep 2013Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20261444106.413.05$1,624
Apr 2026244198.932.87$2,492
Mar 2026284789.753.15$2,661
Feb 2026243163.503.75$1,640
Jan 2026293259.138.00$1,971
Dec 2025314756.664.41$1,964
Nov 2025284058.593.93$1,798
Oct 2025293259.383.30$1,828
Sep 2025293762.743.08$1,933
Aug 2025273963.933.01$1,844
Jul 2025313366.743.32$2,178
Jun 2025313366.483.13$2,164
May 2025272460.553.23$1,712
Apr 202592262.363.54$639
Mar 202522267.704.27$229
Feb 202592070.884.34$725
Jan 202571874.324.28$597
Dec 202401968.993.12$59
Nov 202411469.052.20$100
Oct 20240971.372.28$21
Sep 2024143569.612.36$1,057
Aug 2024181775.632.06$1,396
Jul 202401479.932.15$30
Jun 202401678.082.63$42
May 202401478.812.20$31
Apr 202401584.451.66$25
Mar 2024681480.301.55$5,482
Feb 202413776.091.78$1,002
Jan 20240973.023.30$30
Dec 202311371.262.61$105
Nov 202311377.892.81$114
Oct 202341585.443.09$388
Sep 20230089.042.74$0
Aug 202313580.522.67$174
Jul 202312174.852.64$130
Jun 202302668.962.26$59
May 202312370.622.23$122
Apr 202311978.122.24$121
Mar 202311772.852.39$114
Feb 20231575.112.47$87
Jan 202323276.533.39$261
Dec 202212576.415.73$220
Nov 202223885.005.65$385
Oct 202234087.185.86$496
Sep 202212884.888.16$313
Aug 202233494.529.13$594
Jul 2022434101.587.54$663
Jun 20221731115.097.98$2,204
May 20221832109.378.43$2,239
Apr 20221735104.226.84$2,011
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20171049.292.98$49
Sep 201771947.523.09$391
Aug 2017195445.373.00$1,024
Jul 2017127743.873.09$764
Jun 2017167042.493.09$896
May 2017206645.373.26$1,123
Apr 2017226247.933.21$1,254
Mar 2017224346.772.98$1,157
Feb 2017111750.452.95$605
Jan 2017213849.413.42$1,168
Dec 2016183348.763.72$1,001
Nov 2016132542.492.64$618
Oct 2016234646.193.09$1,205
Sep 2016213241.553.10$972
Aug 2016224141.442.92$1,032
Jul 2016245141.622.92$1,148
Jun 2016254245.352.69$1,247
May 2016254342.521.99$1,149
Apr 2016223436.561.99$872
Mar 2016583333.011.79$1,974
Feb 2016373126.472.06$1,043
Jan 2016251927.352.36$729
Dec 2015243832.362.00$853
Nov 2015132338.792.17$554
Oct 2015135043.552.43$687
Sep 2015153042.992.76$728
Aug 2015153140.162.87$691
Jul 2015223548.152.95$1,162
Jun 2015285756.152.88$1,737
May 2015153255.212.96$923
Apr 2015265049.822.71$1,431
Mar 2015374842.892.93$1,728
Feb 2015193544.662.98$953
Jan 2015163643.433.10$807
Dec 2014282954.693.59$1,635
Nov 2014173070.464.25$1,325
Oct 2014151478.303.90$1,229
Sep 201412986.164.05$1,070
Aug 2014221689.394.04$2,031
Jul 2014191796.564.18$1,906
Jun 2014201198.164.74$2,015
May 2014361894.734.73$3,495
Apr 2014291095.944.81$2,830
Mar 2014141395.895.06$1,408
Feb 2014241997.406.19$2,455
Jan 2014401990.404.86$3,708
Dec 2013301891.824.35$2,833
Nov 2013142188.853.74$1,322
Oct 2013153197.423.78$1,578
Sep 2013727104.113.72$829
Aug 20131736104.253.52$1,899
Jul 20133040102.523.72$3,224
Jun 2013274594.403.93$2,726
May 2013293094.834.15$2,875
Apr 2013353593.964.28$3,438
Mar 2013512493.623.91$4,869
Feb 2013651091.233.42$5,964
Jan 2013671891.603.42$6,199
Dec 20122691986.773.42$23,406
Nov 2012691886.953.62$6,065
Oct 2012532089.383.40$4,805
Sep 2012681894.672.92$6,490
Aug 2012602092.662.91$5,618
Jul 2012562485.133.02$4,840
Jun 2012113079.822.52$9,020
May 2012140091.612.49$12,825
Apr 2012820101.652.00$8,335
Mar 20126910105.052.22$7,271
Feb 20122328101.102.57$2,397
Jan 2012111598.092.73$1,120
Dec 2011131596.873.24$1,308
Nov 2011131595.723.31$1,294
Oct 201122184.983.65$247
Sep 201183183.623.99$793
Aug 2011134483.404.15$1,267
Jul 2011202894.144.52$2,009
Jun 2011333892.904.64$3,242
May 201182098.134.40$873
Apr 20111626105.964.33$1,808
Mar 2011174496.364.06$1,817
Feb 201195485.644.18$996
Jan 2011165686.504.59$1,641
Dec 2010123885.734.35$1,194
Nov 2010195080.843.80$1,726
Oct 2010314878.103.51$2,590
Sep 2010458272.633.98$3,595
Aug 2010477073.684.42$3,772
Jul 2010498472.554.74$3,953
Jun 20107718670.364.91$6,331
May 20105229671.124.24$4,952
Apr 20108029881.694.12$7,764
Mar 20106933278.394.39$6,866
Feb 20105428873.585.44$5,541
Jan 20106725074.365.96$6,473
Dec 20095331871.445.48$5,530
Nov 20099631474.593.75$8,339
Oct 20096822272.544.11$5,845
Sep 20096128065.543.06$4,856
Aug 20096029667.423.22$4,998
Jul 20095526861.133.46$4,291
Jun 20095420466.163.90$4,367
May 20095224054.743.93$3,789
Apr 20092818746.773.59$1,980
Mar 20095124842.144.06$3,156
Feb 20094724232.814.63$2,663
Jan 20095116235.865.37$2,699
Dec 20085217437.105.98$2,969
Nov 20085613355.496.86$4,020
Oct 20084710375.246.92$4,249
Sep 20085595101.767.88$6,345
Aug 20085068114.228.48$6,288
Jul 200859129131.0811.39$9,203
Jun 200849172131.3313.03$8,677
May 200825185123.1711.57$5,220
Apr 200848178110.3110.45$7,156
Mar 200847179101.909.66$6,519
Feb 20084317692.538.77$5,522
Jan 2008509790.388.21$5,315
Dec 20073423788.337.30$4,734
Nov 20072522591.677.29$3,932
Oct 20075515282.856.92$5,609
Sep 2007577675.846.24$4,797
Aug 2007857169.066.39$6,324
Jul 2007557170.906.39$4,353
Jun 2007569062.007.55$4,151
May 2007657758.747.85$4,422
Apr 2007726959.617.81$4,830
Mar 2007657156.927.30$4,218
Feb 20077110455.108.22$4,767
Jan 2007337050.306.73$2,131
Dec 20064412556.656.92$3,357
Nov 20062613154.207.62$2,407
Oct 200674254.906.01$637
Sep 200632060.085.04$1,923
Aug 2006578068.717.34$4,504
Jul 2006498069.376.34$3,907
Jun 2006588066.286.38$4,355
May 2006578666.016.42$4,315
Apr 20066122464.397.36$5,577
Mar 2006695656.707.08$4,309
Feb 2006566257.597.75$3,706
Jan 2006716260.598.93$4,856
Dec 2005726454.9413.42$4,814
Nov 2005485254.6910.59$3,176
Oct 2005475858.3413.80$3,542
Sep 2005347261.4512.08$2,959
Aug 2005284061.519.80$2,114
Jul 2005352855.697.84$2,169
Jun 2005382852.337.38$2,195
May 2005655445.226.65$3,298
Apr 20057411849.207.36$4,509
Mar 20058617850.377.15$5,605
Feb 200510021245.226.31$5,860
Jan 200512426243.166.32$7,008
Dec 200411924439.866.75$6,391
Nov 200411721445.286.33$6,652
Oct 200412427849.706.52$7,974
Sep 200413127243.245.28$7,102
Aug 200412027142.375.55$6,589
Jul 200412835538.286.08$7,060
Jun 200412537836.106.43$6,944
May 200416419037.486.49$7,381
Apr 200417315834.475.86$6,889
Mar 200420020434.365.53$8,000
Feb 200414618332.455.51$5,746
Jan 20044819932.036.30$2,791
Dec 20035439730.266.30$4,136
Nov 2003705228.804.60$2,255
Oct 2003875028.174.76$2,689
Sep 2003854626.314.75$2,455
Aug 2003882429.765.13$2,742
Jul 2003794129.415.17$2,535
Jun 2003873128.565.98$2,670
May 2003953726.595.97$2,747
Apr 2003743526.675.41$2,163
Mar 2003602331.146.10$2,009
Feb 2003552933.487.93$2,071
Jan 2003553130.315.58$1,840
Dec 2002915326.914.85$2,706
Nov 20021215624.664.14$3,216
Oct 2002853726.464.23$2,406
Sep 2002773627.443.64$2,244
Aug 2002883925.963.16$2,408
Jul 2002863924.583.06$2,233
Jun 2002835723.733.34$2,160
May 2002977124.663.58$2,646
Apr 2002972923.653.51$2,396
Mar 20021202822.003.10$2,727
Feb 2002881918.222.38$1,649
Jan 2002912217.172.38$1,615
Dec 2001544316.932.36$1,016
Nov 2001243818.072.41$525
Oct 2001458419.782.53$1,103
Sep 2001505824.262.25$1,344
Aug 200156624.873.05$1,411
Jul 2001532723.933.20$1,355
Jun 2001513324.563.82$1,379
May 2001574425.524.31$1,644
Apr 2001545024.685.34$1,599
Mar 2001542724.545.38$1,470
Feb 2001482327.755.77$1,465
Jan 2001583927.478.40$1,921
Dec 2000554226.889.12$1,862
Nov 2000503132.215.66$1,786
Oct 2000472831.235.15$1,612
Sep 2000643131.875.19$2,200
Aug 20001004529.644.54$3,168
Jul 20001126328.534.09$3,453
Jun 20001227529.304.40$3,904
May 20001075427.263.68$3,116
Apr 20001186524.513.12$3,095
Mar 20001315128.422.86$3,869
Feb 20001016927.622.73$2,978
Jan 20001305225.272.48$3,414
Dec 19991103424.282.42$2,753
Nov 1999792723.192.43$1,898
Oct 19991074320.982.80$2,365
Sep 1999892921.752.62$2,012
Aug 1999592919.262.88$1,220
Jul 1999822417.892.37$1,524
Jun 1999903615.942.36$1,520
May 19991123415.792.32$1,847
Apr 1999663615.102.21$1,076
Mar 1999832512.471.84$1,081
Feb 199969209.981.82$725
Jan 19991373110.381.90$1,481
Dec 199886259.201.77$836
Nov 1998782810.892.19$911
Oct 1998853212.421.97$1,119
Sep 1998892312.592.08$1,168
Aug 19981432711.301.91$1,667
Jul 19981082611.742.24$1,326
Jun 19981324011.242.24$1,573
May 19981603212.622.21$2,090
Apr 1998993313.042.51$1,374
Mar 1998761512.802.31$1,007
Feb 19986513113.952.30$1,208
Jan 19989113414.702.15$1,626
Dec 19978014316.322.41$1,650
Nov 19977913418.193.09$1,851
Oct 19978814519.253.15$2,151
Sep 1997418417.742.95$976
Aug 19979011717.862.55$1,906
Jul 1997744317.582.25$1,398
Jun 19971628717.242.26$2,989
May 1997947318.972.31$1,952
Apr 19979610917.882.08$1,944
Mar 199710711718.951.94$2,255
Feb 1997938420.492.21$2,091
Jan 19971379223.483.54$3,542
Dec 199613010223.32$3,032
Nov 19961219821.97$2,658
Oct 19961478823.31$3,427
Sep 19961439722.22$3,177
Aug 1996959420.26$1,925
Jul 1996979019.55$1,896
Jun 19961048918.73$1,948
May 19961099519.43$2,118
Apr 199610510621.51$2,259
Mar 199610311519.38$1,996
Feb 199610112416.98$1,715
Jan 199611213917.07$1,912
Dec 199510511117.19$1,805
Nov 199512315416.00$1,968
Oct 199510215515.43$1,574
Sep 199511111116.18$1,796
Aug 199511015515.92$1,751
Jul 199511315615.24$1,722
Jun 19951129016.41$1,838
May 19951279917.56$2,230
Apr 199512211317.73$2,163
Mar 19951179316.44$1,923
Feb 19951269316.58$2,089
Jan 199513811515.92$2,197
Dec 199413913415.03$2,089
Nov 199414111715.90$2,242
Oct 199415314415.58$2,384
Sep 199415614015.29$2,385
Aug 199416415116.13$2,645
Jul 199417110717.56$3,003
Jun 19941685617.09$2,871
May 199416015015.88$2,541
Apr 19947420014.14$1,046
Mar 1994558212.46$685
Feb 199415011212.50$1,875
Jan 199421513712.66$2,722
Dec 199317410512.33$2,145
Nov 19931547614.49$2,231
Oct 199312011815.85$1,902
Sep 199317015415.03$2,555
Aug 199314417015.66$2,255
Jul 1993344915.46$526
Jun 199322316.79$34
May 199323717.68$35
Apr 199321018.05$36
Mar 19932818.14$36
Feb 19930017.90$0
Jan 19932316.93$34

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                   14 bbl  × $106.41 =     $1,490
Casinghead gas        44 Mcf  × $  3.05 =       $134

────────────────────────────────────────────────────
Month total                                   $1,624

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 05/O/3243 is the state's own key, not one this site invented.